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Biswajit Das. "Relationship Beyond Advising."
Biswajit Das. "Relationship Beyond Advising."

Bank deposit – not bankable1

Economy & Finance
1 of 1
An initiative to promote Financial Awareness by BISWAJIT DAS Diploma in Wealth Management – IIFP Delhi, Goal Planning Specialist – EDGE Learning Academy Relationship Beyond Advising Bank Deposit – Not Bankable Effective from Date Insurance Limit 1-Jan-68 Rs. 5,000/- 1-Apr-70 Rs.10,000/- 1-Jan-76 Rs. 20,000/- 1-Jul-80 Rs. 30,000/- May 1, 1993. Rs. 1,00,000/- http://www.dicgc.org.in/english/FD_A-GuideToDepositInsurance.html http://www.dicgc.org.in/english/pdf/2007/AnnualrEnglish/Profile.pdf Myth – My bank deposit are fully safe. Reality – Every investors only Rs.1,00,000 (Rupees One Lakh) for both principal and interest amount is insured.

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Bank deposit – not bankable1

  • 1. An initiative to promote Financial Awareness by BISWAJIT DAS Diploma in Wealth Management – IIFP Delhi, Goal Planning Specialist – EDGE Learning Academy Relationship Beyond Advising Bank Deposit – Not Bankable Effective from Date Insurance Limit 1-Jan-68 Rs. 5,000/- 1-Apr-70 Rs.10,000/- 1-Jan-76 Rs. 20,000/- 1-Jul-80 Rs. 30,000/- May 1, 1993. Rs. 1,00,000/- http://www.dicgc.org.in/english/FD_A-GuideToDepositInsurance.html http://www.dicgc.org.in/english/pdf/2007/AnnualrEnglish/Profile.pdf Myth – My bank deposit are fully safe. Reality – Every investors only Rs.1,00,000 (Rupees One Lakh) for both principal and interest amount is insured.